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| Topic: |
Business
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| Number of pages / Number of words: |
13 / 3570 |
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The industry does well during economic expansion and suffers losses and even bankruptcies during economic downturn.
2.1.3. Sociocultural. The industry became a source of employment, symbolizes American economic power and pride during good times and symbolizes economic decline and source of shame when foreign companies took over market shares5...
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Technological. Technology drives major changes in the production process to increase flexibility, efficiencies and allowed automation which include the continuous casting technology, blast oxygen furnace and electric arc furnace.
2.1.5. Environmental. Nucor’s mill in Crawfordsville, Indianna was alleged to have violated federal and state clean air rules and discharge of 6,720 tons of pollutants into the air each year by U...
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